475 N Midway Drive 153, Escondido, California 92027, Escondido, 92027 - 2 bed, 2 bath
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475 N Midway Drive 153
Escondido, California 92027
ACTIVE
CONDITION: FAIR
2Beds
2Baths
964Sq Ft
261,360Lot Size
Property Price
LIST PRICE$399,999
EST. MARKET VALUE
$375,273
6% AboveMARKET VALUE
SUMMARY
This 2-bedroom condominium presents a Strong Value Opportunity, listed at $399,999—positioned above the $375,273 Fair Market Value. While the property is priced slightly above market, it offers a stable entry point into a community with comprehensive amenities, including two pools and a dog park. With a Condition Rating of 4, the unit is functional but provides a clear path for cosmetic updates to drive future appreciation. Located near Glen View Elementary, this is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance, pet-friendly lifestyle in Escondido.
Estimated Market Value
$375,273
Based on Realkey algorithm analyzing recent comparable sales in Escondido.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 475 N Midway Drive 153 Subject 2 bd · 2 ba · 964 sqft · $389 | $399,999* List Price | 2 | 2 | 964 | $389 | - |
A 1257 E Grand Avenue #d Sold 2 bd · 2 ba · 873 sqft · $447 · 1.0 mi | $390,000 | 2 | 2 | 873 | $447 | 1.0 mi |
B 2041 E Grand Ave 52 Sold 2 bd · 1 ba · 864 sqft · $353 · 0.4 mi | $305,040 | 2 | 1 | 864 | $353 | 0.4 mi |
C 512 Sandalwood 4 Sold 2 bd · 2 ba · 899 sqft · $416 · 0.9 mi | $374,000 | 2 | 2 | 899 | $416 | 0.9 mi |
D 1811 E Grand Avenue 100 Sold 2 bd · 2 ba · 905 sqft · $352 · 0.5 mi | $319,000 | 2 | 2 | 905 | $352 | 0.5 mi |
E 2536 White Oak Place 5 Sold 2 bd · 1 ba · 856 sqft · $444 · 0.8 mi | $380,000 | 2 | 1 | 856 | $444 | 0.8 mi |
F 1811 E Grand 128 Sold 3 bd · 2 ba · 1,105 sqft · $326 · 0.5 mi | $360,000 | 3 | 2 | 1,105 | $326 | 0.5 mi |
G E Grand Ave 105 Sold 2 bd · 2 ba · 979 sqft · $337 · 0.9 mi | $330,000 | 2 | 2 | 979 | $337 | 0.9 mi |
H 1817 E Grand Avenue 49 Active 2 bd · 2 ba · 979 sqft · $306 · 0.5 mi | $299,900 List Price | 2 | 2 | 979 | $306 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, this condo is over 40 years old and exhibits a dated interior, featuring a classic 70s/80s stone fireplace and basic tile flooring throughout. While the property appears clean, functional, and free of obvious structural or safety defects, the kitchen, bathrooms, and overall finishes are dated and would benefit from modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Community Amenities
The property offers an active lifestyle with access to two sparkling pools, a clubhouse, walking and biking trails, and a dedicated dog park within a pet-friendly community.
- Functional Convenience
This condo features essential modern conveniences including in-unit laundry and two assigned parking spaces, one of which is covered, providing significant value for urban living.
- Inclusive HOA Benefits
The monthly association fee includes water service, simplifying utility management and enhancing the overall value of this low-maintenance home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =261360, other record lot size in square feet = 261543.
- Aging Infrastructure
Constructed in 1979, the unit may require updates to its all-electric systems or interior finishes to meet contemporary energy efficiency and style standards.
- Lack of Scenic Views
The listing indicates no specific views from the unit, which may be a disadvantage for buyers seeking aesthetic vistas or a greater sense of openness.
About 475 N Midway Drive 153
Welcome home to this bright and inviting 2-bedroom, 2-bath condo offering 964 sq ft of comfortable and functional living space in the heart of Escondido. The well-designed layout features an all-electric interior, convenient in-unit laundry, and two assigned parking spaces, including one covered space. Enjoy a pet-friendly community with great amenities, including two sparkling pools, a clubhouse, walking and biking trails, and a nearby dog park. Water is also included through the HOA, adding to the convenience of low-maintenance living. Conveniently located near shopping, dining, recreation, and everyday essentials, this home offers a wonderful combination of comfort, convenience, and community amenities—ready for its next owner to make it home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 261,360 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Escondido Unified Schools
Glen View Elementary School
Grades K-5 • 0.5 mi
6/10
Quantum Academy
Grades 4-8 • 1.1 mi
7/10
Hidden Valley Middle School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 964 | 971.943 |
| Lot Size | 261,360 | 167,508.696 |
| Price | $400.0K | $427.7K |
| Price per sq ft | $415 | $427 |
| Built year | 1979 | 1981 |
| HOA | $430.0 | $538 |
| Days on market | 27 | 81 |
Pricing History
Listed for Sale
Sep 28, 2026
$399,999
Initial Listing
Sold
Aug 28, 2020
$257,500
Public Record
Sold
Sep 10, 2008
$85,000
Public Record
Sold
Aug 19, 2002
$136,000
Public Record
Sold
Apr 4, 2000
$62,000
Public Record